Conventional advice is to reduce risky investments as one ages. Such a generalized focus on risk avoidance may be inappropriate for elderly with longer life spans and those with financial goals that extend beyond their lifetime. To better understand risky asset holdings among the elderly, we...

Purpose: The purpose of this study was to examine family structure differences in debt types and burdens of American families. Design/methodology/approach: Data was from the 2016 Survey of Consumer Finances. Eight types of family structures, five specific debts, and two debt burden indicators...

Purpose – The purpose of this paper is to document debt delinquency patterns by family lifecycle categories using multiple data sets that are nationally representative of American families. Design/methodology/approach – Based on previous research, 15 lifecycle categories appropriate for...